US stock futures edge higher to start the week

Inflation, Oil, Worker shortage

U.S. stock futures edged up to start the week after the S&P 500 hit another record close and notched its third consecutive week of gains.

Futures on the S&P 500 gained 0.1% and futures on the Dow Jones Industrial Average strengthened 0.1%. Changes in futures don’t necessarily predict market moves after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.6% in morning trade, and it is at its highest level in a year. Led by gains in healthcare and communication services sectors.

ITV rose 2.3% for a two-day run of gains.

The U.K.’s FTSE 100, which is dominated by large international businesses, added 0.7%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 added 0.6%, the U.K.’s FTSE 250 rose 0.5% and Germany’s DAX gained 0.6%.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The Swiss franc and the British pound lost 0.1% against the U.S. dollar. Meanwhile, the euro was mostly flat against…

Read more…